Does Regulatory Supervision Curtail Microfinance Profitability and Outreach?

Does Regulatory Supervision Curtail Microfinance Profitability and Outreach?

Regulation allows microfinance institutions to evolve more fully into banks, particularly for institutions aiming to take deposits. But there are potential trade-offs. Complying with regulation and supervision can be costly. The authors examine t...

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Bibliographic Details
Main Authors:	Cull, Robert, Demirgüç-Kunt, Asli, Morduch, Jonathan
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	ACCESS TO FINANCE ACCOUNTING ADMINISTRATIVE COSTS AFFILIATE ASSET MANAGEMENT ASSET PORTFOLIOS AVERAGE COSTS BALANCE SHEET BANK LENDER BANK LENDING BANK POLICY BANK REGULATION BANK RESTRUCTURING BANK SUPERVISION BANKERS ASSOCIATION BANKING INDUSTRY BANKING LAW BANKING REGULATIONS BANKS BIG BANK BIG BANKS BORROWING BUDGET CONSTRAINTS CALCULATIONS CAPITAL COSTS CHECKS COMMERCIAL BORROWING COMMUNITY BANKS COMPLIANCE COSTS CONSUMER CONSUMER CREDIT CONSUMER PROTECTION CONSUMER PROTECTION LAWS CONVENTIONAL BANK CONVENTIONAL BANK LOANS COOPERATIVES CREDIT INFORMATION CREDIT INFORMATION SYSTEMS CREDIT RISK CREDIT UNIONS DEPOSIT DEPOSIT INSURANCE DEPOSITORS DEPOSITS DEPRECIATION DEVELOPING COUNTRIES DIVIDENDS DUMMY VARIABLE DUMMY VARIABLES EARNINGS ECONOMIES OF SCALE ELECTRONIC FUND EMPLOYEE EQUAL AMOUNT EQUAL CREDIT EQUAL CREDIT OPPORTUNITY EQUATIONS EXCLUSION EXOGENOUS VARIABLES EXPENSE RATIOS EXTERNAL AUDITORS FEDERAL RESERVE FEDERAL RESERVE SYSTEM FINANCIAL DATA FINANCIAL DEVELOPMENT FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL PERFORMANCE FINANCIAL POSITION FINANCIAL SECTOR FINANCIAL SECTOR POLICY FINANCIAL SELF-SUFFICIENCY FINANCIAL SELF-SUSTAINABILITY FINANCIAL SERVICES FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SYSTEM FINANCIAL SYSTEMS FIXED ASSETS FORMAL FINANCIAL INSTITUTIONS FRAUD FUNDING SOURCES FUTURE RESEARCH GENERAL PUBLIC GNP GNP PER CAPITA HIGH INTEREST RATES HOUSEHOLDS INCOME STATEMENTS INFLATION INFLATION RATE INFORMATION SERVICES INSTITUTIONAL DEVELOPMENT INSTRUMENT INSURANCE AGENCY INTEREST INCOME INTEREST PAYMENTS INTEREST RATE INTEREST RATES INTERNATIONAL BANK JOINT LIABILITY LABOR COSTS LARGE BANKS LENDER LENDERS LINES OF CREDIT LOAN LOAN OFFICERS LOAN PORTFOLIO LOAN QUALITY LOAN SIZE LOAN SIZES LOANS TO INDIVIDUALS LOANS TO WOMEN LONG-TERM LIABILITIES MACROECONOMIC CONTEXT MACROECONOMIC CONTROLS MARKET INTEREST RATES MFI MFIS MICROCREDIT MICROENTERPRISES MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MICROFINANCE REGULATION NET OPERATING INCOME NET PROFIT NON-PERFORMING LOANS NONPERFORMING LOANS OPERATING COST OPERATING EXPENSES OPERATING REVENUE ORGANIZATIONAL STRUCTURE ORGANIZATIONAL STRUCTURES OUTREACH OWNERSHIP STRUCTURE PER CAPITA INCOME POOR BORROWERS PORTFOLIO QUALITY PRIVATE BANKS PROFITABILITY PRUDENTIAL REGULATION PRUDENTIAL REGULATIONS PRUDENTIAL SUPERVISION RAPID GROWTH RATE OF INTEREST REAL GDP REAL INTEREST REGIONAL DUMMIES REGIONAL DUMMY REGULATORY AUTHORITIES REGULATORY AUTHORITY REORGANIZATION REPAYMENT REPAYMENT RATES RESERVES RETAINED EARNINGS RETURN RETURN ON ASSETS RETURNS RURAL BANKS SAVINGS SENIOR SHAREHOLDER SHAREHOLDERS SMALL LOANS SOLIDARITY LENDING SOURCES OF FUNDS START-UP START-UP COSTS SUPERVISORY AGENCY SUPERVISORY AUTHORITIES SUPERVISORY AUTHORITY SUPERVISORY POWERS TAX TECHNICAL ASSISTANCE TIME DEPOSITS VILLAGE VOLUNTARY DEPOSITS WOMEN BORROWERS
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090601114132 http://hdl.handle.net/10986/4139

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090601114132
http://hdl.handle.net/10986/4139